How would small business owners apply this concepts to maximize his or her wealth?

What are two key elements in deciding how to collect data for marketing research?

aleksandrvk [35]

The answer is:

(1) setting the research objectives

(2) identifying possible marketing actions

What is marketing research?

Market research is the method of deciding the reasonability of a modern benefit or item through research conducted straightforwardly with potential clients.
Market research permits a company to find the target advertise and get conclusions and other criticism from consumers about their intrigued within the item or service.
This sort of research can be conducted in-house, by the company itself, or by a third-party company that specializes in advertise inquire about.
It can be done through overviews, item testing, and center bunches.
Test subjects are as a rule compensated with item tests or paid a small stipend for their time.
Market inquire about could be a basic component within the inquire about and improvement (R&D) of a modern item or service.

To know more about the marketing research visit:

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7 0

1 year ago

Owner made no investments in the business, and no dividends were paid during the year. Owner made no investments in the business

lyudmila [28]

Answer:

A corporation had the following assets and liabilities at the beginning and end of this year.

Assets Liabilities

Beginning of the year $ 76,500 $ 32,796

End of the year 132,000 53,460

Details a b c d

1 Beginning of the year Equity 43,704 43,704 43,704 43,704

2 Owner's investment (+) - - 45,000 35,000

3 Dividends (-) - 10,200 - 10,200

4 Net income / loss (+) 34836 45,036 -10164 10,036

5 End of the year Equity 78540 78540 78540 78540

Explanation:

Equity = Assets - Liability

Beginning of the year = 76500 - 32796 = $43,704

End of the year = 132000 - 53460 = 78540

Net income = End of year equity - (Beginning of the year Equity + Owner's Investment - Dividends)

a) Net income = 5 - (1 + 2 - 3)

= 78540 - (43704 + 0 - 0)

= 34,836

b) Dividend of 850 per month = 850 * 12 = 10,200

Net income = 5 - (1 + 2 - 3)

= 78540 - (43704 + 0 - 10200)

= 45,036

c) Net Income = 5 - (1 + 2 - 3)

= 78540 - (43704 + 45000 - 0)

= -10,164

d) Dividend of 850 per month = 850 * 12 = 10,200

Net Income = 5 - (1 + 2 - 3)

= 78540 - (43704 + 35000 - 10200)

= 10,036

Owner's investment increases equity

Dividends reduce equity

Net Income increases equity

6 0

3 years ago

Sheaves, Inc., has sales of $50,000, costs of $23,000, depreciation expense of $2,250, and interest expense of $2,000.

Dominik [7]

Answer:

$21,767.50

Explanation:

Computation table:

Particular Amount

Sales $50,000

Less: Costs $23,000

Less: Depreciation $2,250

EBIT $24,750

Less: Interest $2,000.

EBT $22,750

Less: Tax (23%) $5,232.50

Net Income $17,517.50

$24,750 + 2,250 -5,232.50

$21,767.50

6 0

3 years ago

Huduko Inc. offers a number of computer services. Huduko operates with a utilization of 30 percent. The interarrival time of job

guapka [62]

Answer:

Huduko Inc.

The number of servers in this system is:

= 200.

Explanation:

a) Data and Calculations:

Utilization rate = 30%

Interarrival time of jobs = 8 milliseconds (0.008)

Coefficient of variation = 1.5

Average jobs waiting in the queue to be served = 20

Number of jobs in process = 60

Number of servers processing the 60 jobs = 60

Since the number of servers processing at a time is 60 with a utilization rate of 30%, it means that there are 200 servers in the system (60/30%).

7 0

3 years ago

Which of the following is a mutually exclusive cost pool used in activity-based cost accounting? a. All of the answers are corre

VikaD [51]

Answer:

The correct answer is A: All of the answer are correct

Explanation:

ABC defines production as consisting of a variety of activities, and it assigns costs to those activities. An activity cost pool is an aggregate of all the costs associated with performing a particular business task, such as making a particular product. By pooling all costs incurred in a particular task, it is simpler to get an accurate estimate of the cost of that task.

Cost pool is created for those costs more closely aligned with the production of goods or services. It is very common to have separate cost pools for each product line. If production batches are of greatly varying lengths, then it has to consider creating cost pools at the batch level, so that it can adequately assign costs based on batch size.

To conclude, the creation of a cost pool and the subsequent assignment of costs will vary according to the length of production and the possibility to discriminate and assign costs.

4 0

3 years ago